3 Demand and Supply Chapter 3 Demand Supply and Relative Prices Demand and supply determine relative prices The word price means relative price Price is an opportunity cost If we predict a price will fall we mean its price will fall relative to the average price of other go ID: 147155
Download Presentation The PPT/PDF document "CHAPTER" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
